Amended And Restated Agreement Template for Indonesia

The Amended and Restated Agreement is a crucial document used when parties need to substantially modify an existing agreement while maintaining a clear record of the relationship's evolution. This document type is particularly relevant in Indonesian business contexts where significant changes to commercial arrangements are required, such as in joint ventures, investment agreements, or long-term commercial contracts. It consolidates all previous amendments and new changes into a single, comprehensive document, ensuring compliance with Indonesian legal requirements including the Civil Code (KUHPerdata) and language regulations. The document is especially useful when multiple amendments have made the original agreement difficult to follow, or when substantial changes necessitate a fresh, consolidated version while preserving the original agreement's continuity.

1. Parties: Identification of all parties to the agreement, including their full legal names, addresses, and company registration details as required under Indonesian law

2. Background: Recitals detailing the original agreement's execution date, any previous amendments, and the parties' intention to amend and restate the agreement

3. Definitions: Comprehensive list of defined terms, including both original definitions and any new terms introduced by the amendment

4. Amendment and Restatement: Clear statement that this document amends and restates the original agreement in its entirety

5. Effective Date: Specification of when the amended and restated provisions take effect

6. Substantive Provisions: The main commercial and operational terms of the agreement, incorporating all amendments

7. Representations and Warranties: Updated statements of fact and assurances from each party

8. Covenants: Ongoing obligations and commitments of the parties

9. Term and Termination: Duration of the agreement and circumstances allowing for termination

10. Governing Law and Dispute Resolution: Confirmation of Indonesian law as governing law and dispute resolution mechanisms

11. Language Requirements: Statement regarding language versions as per Law No. 24 of 2009

12. Notices: Updated contact details and methods for formal communications

13. Execution: Signature blocks complying with Indonesian formalities